Great Intentions. Bad Results. The Problem with a $15 Minimum Wage in America

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A new white paper from Express Employment Professionals draws on the real-world experience from experts across the country and outlines the many negative consequences of a significant minimum wage increase.

People deserve a raise, and the best way to provide it is through a growing economy where workers are in high demand.

Oklahoma City, OK (PRWEB)October 12, 2016

Express Employment Professionals released a new white paper today, staking out a position on whether to raise the minimum wage to $15.

“I think people calling for a higher minimum have the very best intentions. Unfortunately, when government tries to raise wages artificially, some people will win but many people will lose,” said Bob Funk, CEO of Express, and a former chairman of the Federal Reserve Bank of Kansas City. “People deserve a raise, and the best way to provide it is through a growing economy where workers are in high demand.”

If you would like to arrange an interview with Bob Funk to discuss this topic, please contact Sherry Kast at (405) 717-5966.

About Robert A. Funk
Robert A. "Bob" Funk is chairman and chief executive officer of Express Employment Professionals. Headquartered in Oklahoma City, the international staffing company has more than 760 franchises in the U.S., Canada and South Africa. Under his leadership, Express has put more than 6 million people to work worldwide. Funk served as the Chairman of the Federal Reserve Bank of Kansas City and was also the Chairman of the Conference of Chairmen of the Federal Reserve.

About Express Employment Professionals
Express Employment Professionals puts people to work. It generated $3.02 billion in sales and employed a record 500,002 people in 2015. Its long-term goal is to put a million people to work annually.